UK nuclear plans suffer major blow with Toshiba wind down of NuGen

Madeleine Cuff
clock • 4 min read

Decision to axe nuclear business deals a potentially fatal blow to plans for a new large-scale nuclear plant in Cumbria

Toshiba has today announced it is to pull out of plans for a new nuclear power plant in Cumbria and wind down its UK nuclear business NuGen, in a move that deals a major blow to the government's low carbon...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Nuclear

Survey: More than half of Brits back 'new nuclear' drive

Survey: More than half of Brits back 'new nuclear' drive

Majority of public see nuclear as key generator of jobs, investment, and reliable power, YouGov polling finds

Stuart Stone
clock 03 August 2026 • 3 min read
Government urged to make UK a 'first mover' in nascent maritime nuclear technology sector

Government urged to make UK a 'first mover' in nascent maritime nuclear technology sector

Report from Policy Exchange warns UK at risk of losing out to China and Russia, as nuclear maritime technologies start to be deployed in commercial vessels

James Murray
clock 28 July 2026 • 3 min read
Nuclear fusion industry attracts record annual funding of $4.5bn

Nuclear fusion industry attracts record annual funding of $4.5bn

Fusion industry's annual report reveals sector has now secured over $14bn of investment since 2021, as race to deliver commercial projects accelerates

James Murray
clock 14 July 2026 • 3 min read